Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Brazil - 2024

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Brazil (CIF) - 2024
  2. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Brazil (FOB) - 2022
  3. Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Brazil
  4. Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Brazil

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Brazil (CIF) - 2024

The average import price for electric motors and generators stood at $18.8 per unit in February 2024, waning by -7.6% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 20% against the previous month. As a result, import price reached the peak level of $21.3 per unit. From May 2023 to February 2024, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($114 per unit), while the price for India ($7.4 per unit) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by the United States (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Brazil (FOB) - 2022

In 2022, the average export price for electric motors and generators amounted to $20 per unit, rising by 11% against the previous year. In general, the export price, however, continues to indicate a slight setback. The growth pace was the most rapid in 2016 an increase of 23%. As a result, the export price reached the peak level of $28 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($211 per unit), while the average price for exports to Mexico ($9.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Brazil

In 2022, approx. 14M units of electric motors and generators were imported into Brazil; waning by -7.2% on the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 39%. As a result, imports attained the peak of 15M units, and then contracted in the following year.

In value terms, imports of electric motors and generators surged to $241M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 48% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China45.546.768.668.214.4%
Japan22.818.837.646.326.6%
Mexico23.919.927.426.33.2%
Germany11.98.310.320.820.5%
South Korea10.57.39.210.4-0.3%
Italy5.45.210.29.219.4%
Indonesia7.62.73.23.8-20.6%
Others47.031.440.556.26.1%
Total17514020724111.3%

Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Brazil in 2022:

  1. China (4.6M units)
  2. Japan (2.1M units)
  3. Mexico (1.6M units)
  4. South Korea (1.3M units)
  5. Germany (1.2M units)
  6. Italy (0.8M units)
  7. Indonesia (0.4M units)

Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Brazil

In 2022, the amount of electric motors and generators exported from Brazil expanded significantly to 674K units, growing by 11% compared with the previous year's figure. Over the period under review, exports, however, saw a abrupt downturn. Over the period under review, the exports of reached the maximum at 955K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of electric motors and generators skyrocketed to $13M in 2022. Overall, exports, however, saw a abrupt slump. The exports peaked at $23M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina0.91.21.53.252.6%
Mexico3.62.82.93.0-5.9%
United States8.22.02.02.3-34.5%
Germany1.20.91.51.45.3%
Colombia0.20.20.41.281.7%
South Africa2.80.20.20.2-58.5%
Japan1.70.3N/AN/A-82.4%
Others3.91.72.12.0-20.0%
Total22.59.210.713.3-16.1%

Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Brazil in 2022:

  1. Mexico (309.5K units)
  2. Argentina (195.0K units)
  3. Germany (85.1K units)
  4. Colombia (22.0K units)
  5. South Africa (16.8K units)
  6. United States (10.7K units)

Source: IndexBox Market Intelligence Platform

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